Transportation & Logistics Industry Today

North America Logistics Market Size, Share, Demand, Report, Forecast 2024-2032

The study provides a detailed analysis of the industry, including the North America logistics market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Published 24 April 2024

IMARC Group, a leading market research company, has recently releases report titled “North America Logistics Market Report by Model Type (2 PL, 3 PL, 4 PL), Transportation Mode (Roadways, Seaways, Railways, Airways), End-Use (Manufacturing, Consumer Goods, Retail, Food and Beverages, IT Hardware, Healthcare, Chemicals, Construction, Automotive, Telecom, Oil and Gas, and Others), and Country 2024-2032”. The study provides a detailed analysis of the industry, including the North America logistics market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How Big is the North America Logistics Market?

The North America logistics market size reached US$ 1,447.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,754.2 Billion by 2032, exhibiting a growth rate (CAGR) of 2.1% during 2024-2032.

Request for a PDF sample of this report: https://www.imarcgroup.com/north-america-logistics-market/requestsample

North America Logistics Market Trends and Drivers:

The high adoption of e-commerce, technological advancements, and changes in consumer shopping behaviors, are the factors responsible for the growth of the North America logistics market. Additionally, the requirement for logistics services is escalating owing to the growing need for efficient and rapid logistics solutions to ensure the timely delivery of goods, which is fueling the market. Besides this, the growth in e-commerce has necessitated the expansion of warehousing, distribution centers, and last-mile delivery services, especially in urban areas where the demand for quick delivery is highest, which is further bolstering the market. Moreover, companies are increasingly relying on logistics to streamline supply chains and reduce operational costs, highlighting the role of logistics as a critical component of competitive strategy, which is contributing to the market. 

Emerging trends in the North America logistics market include the adoption of advanced technologies such as artificial intelligence (AI), machine learning (ML), and robotics. These technologies are transforming logistics operations by enhancing data analytics capabilities, optimizing routes, automating warehouses, and improving inventory management. In addition to this, the integration of the Internet of Things (IoT) in logistics also provides real-time tracking and monitoring of goods, increasing transparency and enabling more precise logistics planning, which is acting as another growth-inducing factor. Furthermore, there is a growing emphasis on sustainability within the logistics sector, with companies investing in electric vehicles, alternative fuels, and energy-efficient warehouses to reduce carbon footprints, which is anticipated to drive the North America logistics market over the forecasted period.

North America Logistics Market Report Segmentation:

The report is organized into distinct sections as follows:

Breakup by Model Type:

  • 2 PL 
  • 3 PL
  • 4 PL

Breakup by Transportation Mode:

  • Roadways
  • Seaways
  • Railways
  • Airways

Breakup by End-Use:

  • Manufacturing
  • Consumer Goods
  • Retail
  • Food and Beverages
  • IT Hardware
  • Healthcare
  • Chemicals
  • Construction
  • Automotive
  • Telecom
  • Oil and Gas
  • Others

Breakup by Country:

  • United States
  • Canada

Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=1810&flag=C

Other Key Points Covered in the Report:

  • COVID-19 Impact
  • Porters Five Forces Analysis
  • Value Chain Analysis
  • Strategic Recommendations

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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